The purpose of the International Monetary Fund is to:
A)promote foreign direct investment into developing countries by insuring investors against political risk.
B)promote sustainable private sector development primarily by financing private sector projects and companies located in the developing world.
C)promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.
D)promote economic and social progress in developing countries by helping raise productivity so that their people may live a better and fuller life.
E)provide facilities for the conciliation and arbitration of investment disputes between member countries and individual investors.

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) is primarily focused on promoting international monetary cooperation, ensuring financial stability, facilitating international trade, promoting high employment and sustainable economic growth, and reducing poverty around the world. One of its core functions is to promote exchange stability, maintain orderly exchange arrangements among its member countries, and avoid competitive exchange depreciation.

The Purpose of the International Monetary Fund Is To